Quincy, FL—32351
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Quincy, FL
As of Oct '25, the median home price in Quincy, FL is $170,000, with a year-over-year change of -2.8%. This indicates that home prices in Quincy, FL are decreasing. According to Zillow, the 1-year price projection is 0.3%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $170,000 | -2.8% |
| Single Family | $171,000 | -3.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $136,000 | -0.7% |
2 Bed | $112,000 | -8.9% |
3 Bed | $173,000 | -3.4% |
4 Bed | $271,000 | -0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Quincy, FL
As of July '25, Rentcast reports the average rent in Quincy, FL is $1,610, with a year-over-year rent change of -16.1%. Per bedroom, the median rent as of July '25 in Quincy, FL is 1-bedrooms: $880, 2-bedrooms: $1,400, 3-bedrooms: $1,800, 4-bedrooms: $1,700. The most common rental property sizes in Quincy, FL are 2-bedroom and 3-bedroom, accounting for 39.5% and 37.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,610 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $880 | $880 |
| 2 Bed Rent | $1,400 | $1,400 |
| 3 Bed Rent | $1,500 | $1,800 |
| 4 Bed Rent | $1,500 | $1,700 |
% of Rental Stock
Property Listings — Quincy, FL
As of Oct '25, Realtor.com reports that the median days on market for a home in Quincy, FL is 56. This is a decrease of -16.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $299,000 | 16.0% |
Listing Count | 57 | 12.0% |
| Listings as % of Homes | 0.6% | 12.0% |
Days on Market | 56 | -16.0% |
Demographics — Quincy, FL
As of the latest ACS Survey released in 2023, Quincy, FL has a population of 16,800, which has decreased by -9.8% over the past 5 years. Quincy, FL is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 16.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,800 | -9.8% |
% Under 18 | 24.7% | -0.8% |
% Seniors | 14.4% | -4.0% |
% WFH | 4.8% | 37.1% |
% w/ College Degree | 16.0% | 19.4% |
As of the latest ACS Survey released in 2023, Quincy, FL is a predominantly black area, with 54.1% of the population identifying as black. The black population has shrunk by 1.3% in the last 5 years. The second most common race or ethnicity in Quincy, FL is white, making up 26.6% of the population. Foreign-born residents account for 7.6% of the population in Quincy, FL, and this percentage has increased by 10.1% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 26.6% | -10.7% |
% Black | 54.1% | -1.3% |
% Hispanic | 17.3% | 21.0% |
% Asian | 0.2% | -33.3% |
% Foreign Born | 7.6% | 10.1% |
Mortgage and Risk — Quincy, FL
According to HUD data as of 2023, there were 169 mortgage originations in Quincy, FL, of which 64.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Quincy, FL. Investor activity is low, as 5.0% of loans were by investors. 15.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 169 |
% Conventional Loans | 64.0% |
% Government Loans | 36.0% |
% Investor Loans | 5.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 15.0% |
Loan Activity
Rentals and Section 8 — Quincy, FL
As of 2024, the percent of homes in Quincy, FL under the Section 8 program is 18.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Quincy, FL, because HUD payments exceed market rent, while 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 390 |
Total Units Section 8 | 390 |
% Rentals under Section 8 | 18.5% |
% Occupied Section 8 | 73.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $190 | $880 | $1,070 |
| 2 Bedroom | -$190 | $1,400 | $1,210 |
| 3 Bedroom | $40 | $1,500 | $1,540 |
| 4 Bedroom | $220 | $1,500 | $1,720 |
Affordability — Quincy, FL
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.9 |
| Median Home Price | $170,000 |
| Median Household Income | $39,200 |